DeFi is an umbrella term for various applications that use public blockchains and crypto assets to disrupt the traditional financial sectors.
source https://www.google.com/url?rct=j&sa=t&url=https://www.businessinsider.com/crypto-market-cap-bitcoin-doubles-to-2-trillion-rally-surges-2021-4&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNGoy6KE1ZwZEB2jHGhFmnoM-6IbCw
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